Federal Reserve Economic Data: Your trusted data source since 1991

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.

  • Index 2017=100, Monthly, Seasonally Adjusted Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DPCERG The Personal Consumption Expenditures Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The change in the PCE price index is known for capturing inflation (or deflation) across a wide range of consumer expenses and reflecting changes in consumer behavior. For example, if the price of beef rises, shoppers may buy less beef and more chicken. The PCE Price Index is produced by the Bureau of Economic Analysis (BEA), which revises previously published PCE data to reflect updated information or new methodology, providing consistency across decades of data that's valuable for researchers. They also offer the series as a Chain-Type index, as above. The PCE price index is used primarily for macroeconomic analysis and forecasting. The PCE Price index is the Federal Reserve’s preferred measure of inflation. The PCE Price Index is similar to the Bureau of Labor Statistics' consumer price index for urban consumers. The two indexes, which have their own purposes and uses, are constructed differently, resulting in different inflation rates. For more information on the PCE price index, see: U.S. Bureau of Economic Analysis, Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/national/pdf/nipaguid.pdf) U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Price Index (https://www.bea.gov/data/personal-consumption-expenditures-price-index) U.S. Bureau of Economic Analysis, Prices & Inflation (https://www.bea.gov/resources/learning-center/what-to-know-prices-inflation) U.S. Bureau of Labor Statistics, Differences between the Consumer Price Index and the Personal Consumption Expenditure Price Index (https://www.bls.gov/opub/btn/archive/differences-between-the-consumer-price-index-and-the-personal-consumption-expenditures-price-index.pdf)

  • Index 2017=100, Monthly, Seasonally Adjusted Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DPCCRG The Personal Consumption Expenditures Price Index is a measure of the prices that people living in the United States, or those buying on their behalf, pay for goods and services. The change in the PCE price index is known for capturing inflation (or deflation) across a wide range of consumer expenses and reflecting changes in consumer behavior. For example, if car prices rise, car sales may decline while bicycle sales increase. The PCE Price Index is produced by the Bureau of Economic Analysis (BEA), which revises previously published PCE data to reflect updated information or new methodology, providing consistency across decades of data that's valuable for researchers. They also offer the series as a Chain-Type index and excluding food and energy products, as above. The PCE price index less food excluding food and energy is used primarily for macroeconomic analysis and forecasting future values of the PCE price index. The PCE Price Index is similar to the Bureau of Labor Statistics' consumer price index for urban consumers. The two indexes, which have their own purposes and uses, are constructed differently, resulting in different inflation rates. For more information on the PCE price index, see: U.S. Bureau of Economic Analysis, Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/national/pdf/nipaguid.pdf) U.S. Bureau of Economic Analysis, Personal Consumption Expenditures Price Index (https://www.bea.gov/data/personal-consumption-expenditures-price-index) U.S. Bureau of Economic Analysis, Prices & Inflation (https://www.bea.gov/resources/learning-center/what-to-know-prices-inflation) U.S. Bureau of Labor Statistics, Differences between the Consumer Price Index and the Personal Consumption Expenditure Price Index (https://www.bls.gov/opub/btn/archive/differences-between-the-consumer-price-index-and-the-personal-consumption-expenditures-price-index.pdf)

  • Billions of Chained 2017 Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 2007 to Jan 2024 (Feb 29)

    BEA Account Code: DPCERX A Guide to the National Income and Product Accounts of the United States (http://www.bea.gov/national/pdf/nipaguid.pdf) (NIPA)

  • Percent Change from Preceding Period, Quarterly, Seasonally Adjusted Annual Rate Q2 1959 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCCRV For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCERX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.

  • Percent Change from Year Ago, Monthly, Seasonally Adjusted Jan 1978 to Jan 2024 (Feb 29)

    The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DDURRC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Percent, Quarterly, Not Seasonally Adjusted Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCERE For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Chained 2017 Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 2007 to Jan 2024 (Feb 29)

    BEA Account Code: DGDSRX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DSERRC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Index 2017=100, Quarterly, Seasonally Adjusted Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCERD For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Chained 2017 Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 2007 to Jan 2024 (Feb 29)

    BEA Account Code: DDURRX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Index 2017=100, Quarterly, Seasonally Adjusted Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCERG A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DSERRC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DNDGRC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Chained 2017 Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 2007 to Jan 2024 (Feb 29)

    BEA Account Code: DSERRX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DDURRC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: A794RX For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DNDGRC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Percentage Points at Annual Rate, Quarterly, Seasonally Adjusted Annual Rate Q2 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCERY For more information about this series, please see http://www.bea.gov/national/.

  • Percent Change from Quarter One Year Ago, Quarterly, Seasonally Adjusted Q1 1960 to Q4 2023 (Jan 25)

    BEA Account Code: BPCCRO For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DFXARC For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DGDSRC A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Percent Change at Annual Rate, Monthly, Seasonally Adjusted Feb 1977 to Jan 2024 (Feb 29)

    The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

  • Fourth Quarter to Fourth Quarter Percent Change, Annual, Not Seasonally Adjusted 2024 to 2026 (Mar 20)

    Projections of personal consumption expenditures (PCE) inflation rate are fourth quarter growth rates, that is, percentage changes from the fourth quarter of the prior year to the fourth quarter of the indicated year. PCE inflation rate is the percentage rates of change in the price index for personal consumption expenditures (PCEPI). Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year; the central tendencies exclude the three highest and three lowest projections for each year. This series represents the midpoint of the central tendency forecast's high and low values established by the Federal Open Market Committee. Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677.

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DPCCRC For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Annual, Not Seasonally Adjusted 1929 to 2023 (8 hours ago)

    View data of PCE, an index that measures monthly changes in the price of consumer goods and services as a means of analyzing inflation.

  • Percent Change from Preceding Period, Quarterly, Seasonally Adjusted Annual Rate Q2 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCERL For more information about this series, please see http://www.bea.gov/national/.

  • Index 2017=100, Annual, Not Seasonally Adjusted 1929 to 2023 (Feb 28)

    BEA Account Code: DTENRG For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1959 to Q4 2023 (8 hours ago)

    BEA Account Code: DHLCRC For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Chained 2017 Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 2007 to Jan 2024 (Feb 29)

    BEA Account Code: DNDGRX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 2007 to Q4 2023 (8 hours ago)

    BEA Account Code: DDURRX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 2007 to Q4 2023 (8 hours ago)

    BEA Account Code: DNDGRX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Billions of Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 2007 to Q4 2023 (8 hours ago)

    BEA Account Code: DSERRX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • 6-Month Annualized Percent Change, Monthly, Seasonally Adjusted Jul 1977 to Jan 2024 (Feb 29)

    The Trimmed Mean PCE inflation rate produced by the Federal Reserve Bank of Dallas is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE). The data series is calculated by the Dallas Fed, using data from the Bureau of Economic Analysis (BEA). Calculating the trimmed mean PCE inflation rate for a given month involves looking at the price changes for each of the individual components of personal consumption expenditures. The individual price changes are sorted in ascending order from “fell the most” to “rose the most,” and a certain fraction of the most extreme observations at both ends of the spectrum are thrown out or trimmed. The inflation rate is then calculated as a weighted average of the remaining components. The trimmed mean inflation rate is a proxy for true core PCE inflation rate. The resulting inflation measure has been shown to outperform the more conventional “excluding food and energy” measure as a gauge of core inflation.

  • Billions of Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DNRGRC For more information about this series, please see http://www.bea.gov/national/.

  • Percent Change from Preceding Period, Monthly, Seasonally Adjusted Feb 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DPCCRAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Percent Change at Annual Rate, Quarterly, Seasonally Adjusted Annual Rate Q3 2011 to Q1 2024 (2 days ago)

    The Nowcast for Real Personal Consumption Expenditures uses a nowcasting model to synthesize the bridge equation approach relating GDP subcomponents to monthly source data with factor model and Bayesian vector autoregression approaches. The Federal Reserve Bank of Atlanta’s GDPNow release complements the quarterly GDP release from the Bureau of Economic Analysis (BEA). The Atlanta Fed recalculates and updates their GDPNow forecasts (called “nowcasts”) throughout the quarter as new data are released, up until the BEA releases its “advance estimate” of GDP for that quarter. The St. Louis Fed constructs a quarterly time series for this dataset, in which both historical and current observations values are combined. In general, the most-current observation is revised multiple times throughout the quarter. The final forecasted value (before the BEA’s release of the advance estimate of GDP) is the static, historical value for that quarter. For futher information visit the source at https://www.frbatlanta.org/cqer/research/gdpnow.aspx?panel=1.

  • Millions of Dollars, Quarterly, Not Seasonally Adjusted Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: NA000349

  • Index 2017=100, Monthly, Seasonally Adjusted Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DSERRG For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Chained 2017 Dollars, Monthly, Seasonally Adjusted Annual Rate Jan 2007 to Jan 2024 (Feb 29)

    BEA Account Code: DFXARX For more information about this series, please see http://www.bea.gov/national/.

  • Percent Change from Preceding Period, Monthly, Seasonally Adjusted Feb 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DPCERAM A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Fourth Quarter to Fourth Quarter Percent Change, Annual, Not Seasonally Adjusted 2024 to 2026 (Mar 20)

    Projections of personal consumption expenditures less food and energy (Core PCE) inflation rate are fourth quarter growth rates, that is, percentage changes from the fourth quarter of the prior year to the fourth quarter of the indicated year. Core PCE inflation rate is the percentage rates of change in the price index for personal consumption expenditures less food and energy. Each participant's projections are based on his or her assessment of appropriate monetary policy. The range for each variable in a given year includes all participants' projections, from lowest to highest, for that variable in the given year; the central tendencies exclude the three highest and three lowest projections for each year. This series represents the midpoint of the central tendency forecast's high and low values established by the Federal Open Market Committee. Digitized originals of this release can be found at https://fraser.stlouisfed.org/publication/?pid=677.

  • Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DFDHRC For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Annual, Not Seasonally Adjusted 1929 to 2022 (Oct 26)

    BEA Account Code: DPETRC For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Chained 2017 Dollars, Annual, Not Seasonally Adjusted 1929 to 2023 (8 hours ago)

    BEA Account Code: DPCERX A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/national/pdf/nipaguid.pdf)

  • Index 2017=100, Annual, Not Seasonally Adjusted 1929 to 2023 (8 hours ago)

    BEA Account Code: DPCCRG For more information about this series, please see http://www.bea.gov/national/.

  • Index 2017=100, Quarterly, Seasonally Adjusted Q1 1959 to Q4 2023 (8 hours ago)

    BEA Account Code: DPCCRG The number of decimal places reported varies over time.

  • Index 2017=100, Monthly, Seasonally Adjusted Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: IA001260 For more information about this series, please see please visit the Guide to the National Income and Product Accounts of the United States (NIPA) (https://www.bea.gov/resources/methodologies/nipa-handbook).

  • Index 2017=100, Monthly, Seasonally Adjusted Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DDURRG For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Annual, Not Seasonally Adjusted 1929 to 2023 (8 hours ago)

    BEA Account Code: DCAFRC For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1959 to Q4 2023 (8 hours ago)

    BEA Account Code: DHUTRC For more information about this series, please see http://www.bea.gov/national/.

  • Millions of Dollars, Annual, Not Seasonally Adjusted 1997 to 2022 (Oct 4)

    A measure of spending on goods and services purchased by, and on behalf of, households based on households' state of residence in the fifty states and the District of Columbia. For more information about this release go to http://www.bea.gov/newsreleases/regional/pce/pce_newsrelease.htm.

  • Percent Change from Preceding Period, Annual, Not Seasonally Adjusted 1930 to 2023 (Jan 25)

    BEA Account Code: DPCCRV For more information about this series, please see http://www.bea.gov/national/.

  • Index 2017=100, Monthly, Seasonally Adjusted Jan 1959 to Jan 2024 (Feb 29)

    BEA Account Code: DGDSRG For more information about this series, please see http://www.bea.gov/national/.

  • Index 2017=100, Quarterly, Seasonally Adjusted Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: DHLCRG For more information about this series, please see http://www.bea.gov/national/.

  • Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 1947 to Q4 2023 (8 hours ago)

    BEA Account Code: A794RC For more information about this series, please see http://www.bea.gov/national/.

  • Billions of Chained 2017 Dollars, Quarterly, Seasonally Adjusted Annual Rate Q1 2007 to Q4 2023 (8 hours ago)

    BEA Account Code: DGDSRX For more information about this series, please see http://www.bea.gov/national/.


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